Why is Ahimsa Industrie falling/rising?
As of 10-Sep, Ahimsa Industries Ltd's stock price is at 24.50, unchanged, with a year-to-date decline of 64.16%. Despite a 63.33% return over the past three years, the stock is underperforming compared to the broader market, which has seen gains.
As of 10-Sep, Ahimsa Industries Ltd's stock price is currently at 24.50, showing no change (0.00%). The stock has outperformed its sector by 0.58% today, but it is experiencing a decline in investor participation, with delivery volume falling by 23.73% compared to the 5-day average. Over the past year, the stock has decreased by 23.08%, and year-to-date, it has seen a significant drop of 64.16%. Although it has performed well over the last three years with a return of 63.33%, the recent trends indicate a struggle against both the market and its own historical performance.In the broader market context, the Sensex has increased by 1.04% over the past week and 2.50% over the past month, while Ahimsa Industries has shown a minimal increase of 0.00% in the same week and a 0.62% rise in the past month. This suggests that while the stock has not followed the upward trend of the benchmark indices, it has managed to maintain a slight positive movement recently. However, the stark contrast in year-to-date performance between the stock and the Sensex indicates that Ahimsa Industries is facing challenges that are not affecting the broader market in the same way.
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